Cyrus Mistry, former chairman of Tata Sons, dies in a car accident
Mistry, 54, was one of two people who died when the car they were traveling in hit a barrier between two lanes, according to Shrikant Shinde, a Maharashtra police official.
Two other people in the vehicle were injured and taken to hospital, he added.
Autopsies would be carried out on the two who died at a hospital in Mumbai, said Pradeep Dhodhi, a medical official in Palghar district.
Mistry is best known as the former chairman of Tata Sons, the huge Indian conglomerate that owned Jaguar, Land Rover and Taj Hotels.
Mistry’s family was a major stakeholder in the Mumbai-based conglomerate, which runs leading businesses across multiple sectors.
“I am deeply saddened by the sudden and untimely passing of Mr. Cyrus Mistry,” Tata Sons Chairman Natarajan Chandrasekaran said in a statement shared with CNN Business on Monday.
“He had a passion for life and it is truly tragic that he passed away at such a young age. My deepest condolences and prayers for his family at this difficult time.”
Other business and government leaders also reacted in shock over the weekend, taking to social media to express their condolences.
Gautam Adani, the country’s richest man, also said he was “shocked and saddened to learn of the death”.
Rishi Iyengar contributed to this report.